At the moment’s article will dive into the ins and outs of the Moralis Web3 Market Knowledge API. With this instrument, you possibly can seamlessly get the highest ERC20 tokens by market cap, question the highest trending NFT collections, and rather more with solely single strains of code. For a fast begin, listed here are the 4 endpoints of the Web3 Market Knowledge API:
getTopERC20TokensByMarketCap():
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();
[
{
"rank": 1,
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "https://cdn.moralis.io/eth/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2.png",
"token_decimals": "18",
"contract_address": "0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2",
"price_usd": "1803.89",
"price_24h_percent_change": "1.43",
"price_7d_percent_change": "0.01",
"market_cap_usd": "214188093967"
},
//...
]
getTopERC20TokensByPriceMovers():
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByPriceMovers();
{
"gainers": [
{
"rank": "1",
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "https://assets.coingecko.com/coins/images/2518/large/weth.png?1595348880",
"token_decimals": "18",
"contract_address": "0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2",
"price_usd": "0.0285",
"price_24h_percent_change": "0.0285",
"price_7d_percent_change": "0.0285",
"market_cap_usd": "0.0285"
}
],
//...
}
getTopNFTCollectionsByMarketCap():
const response = await Moralis.EvmApi.marketData.getTopNFTCollectionsByMarketCap();
[
{
"rank": "1",
"collection_title": "CryptoPunks",
"floor_price_usd": "0.0",
"floor_price_24hr_percent_change": "0.0",
"market_cap_usd": "0.0",
"market_cap_24hr_percent_change": "0.0",
"volume_usd": "0.0",
"volume_24hr_percent_change": "0.0"
}
]
getHottestNFTCollectionsByTradingVolume():
const response = await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();
[
{
"rank": 1,
"collection_title": "Bored Ape Yacht Club",
"collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png",
"volume_usd": "8261189.224011",
"volume_24hr_perecent_change": "17.09",
"floor_price_usd": "79591.5288",
"floor_price_24hr_percent_change": "0.05",
"average_price_usd": "39717.255884668266"
},
//...
]
To study extra in regards to the Web3 Market Knowledge API and the varied endpoints, be a part of us all through this text, or take a look at the official Market Knowledge API documentation!
By familiarizing your self with the API for market knowledge in Web3, you’ll be capable of seamlessly combine crypto market knowledge into your future blockchain initiatives very quickly. As such, don’t overlook to enroll with Moralis, and also you’ll be capable of construct quicker and extra effectively!
Overview
We’ll kickstart at the moment’s article by initially masking the ins and outs of crypto market knowledge. In doing so, we are going to briefly discover what it’s and why it’s necessary. From there, we’ll dive straight into the Moralis Web3 Market Knowledge API, as that is probably the most accessible method to get crypto market knowledge. We’ll then cowl the endpoints of the API and present you the way it works in apply with a fast three-step tutorial on tips on how to get trending NFT collections. Lastly, to conclude the article, we’re going to discover 5 outstanding Web3 Market Knowledge API use circumstances!
Additionally, do you know that the API solely scratches the floor of what’s attainable with Moralis? In case you’re critical about constructing Web3 initiatives, think about trying out some further Moralis instruments. As an illustration, discover the NFT API and learn to get verified NFT collections in a heartbeat!
Nonetheless, with out additional ado, let’s proceed with the article by taking a look at what market knowledge in Web3 is!
What’s a Web3 Market Knowledge API? – Exploring Crypto Market Knowledge
On-chain Web3 market knowledge is an integral a part of the crypto {industry}. Not solely does it assist merchants make extra knowledgeable funding selections, however understanding and buying one of these Web3 knowledge can also be a vital a part of blockchain growth.
Web3 market knowledge dictates the whole lot from what NFT collections have gotten in style, what cash are about to shoot as much as the highest of the charts, or which tokens are at the moment losers. Consequently, it doesn’t matter should you’re constructing a Web3 pockets, NFT market, or buying and selling platform; you want an environment friendly method to combine crypto market knowledge into your initiatives to present your prospects a compelling consumer expertise (UX).
Nevertheless, querying and deciphering this knowledge is less complicated mentioned than carried out. And should you have been to do it your self from scratch, it will require an abundance of growth time and assets. Happily, you don’t must reinvent the wheel when working with Moralis and the {industry}’s main crypto Market Knowledge API!
Introducing the #1 Web3 Market Knowledge API
With the Moralis Web3 Market Knowledge API, you possibly can effortlessly unlock the total energy of cryptocurrency market knowledge. This instrument helps you to get trending NFT collections, prime ERC20 tokens by market cap, and rather more with solely single strains of code. As such, when utilizing Moralis, it has by no means been simpler to construct decentralized exchanges (DEXs), crypto wallets, portfolio trackers, or some other Web3 initiatives!
Utilizing the Web3 Market Knowledge API offers a great deal of advantages, and beneath, you’ll find three outstanding examples:
- Engaged and Knowledgeable Customers: Preserve your customers engaged and knowledgeable with trending Web3 market knowledge.
- Improved Consumer Expertise (UX): Present an improved UX with user-friendly options on your Web3 initiatives.
- Retain Clients: Preserve your prospects by offering up-to-date market knowledge.
The Web3 Market Knowledge API options the next 4 endpoints:
getTopERC20TokensByMarketCap()getTopERC20TokensByPriceMovers()getTopNFTCollectionsByMarketCap()getHottestNFTCollectionsByTradingVolume()
Within the sections to return, we’ll cowl each individually, providing you with a extra in-depth understanding of how they work!
Get Prime ERC20 Tokens by Market Cap
With the getTopERC20TokensByMarketCap() endpoint, you possibly can effortlessly get the highest ERC20 tokens by market cap with a single line of code:
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();
In return for calling the endpoint above, you’ll get a response containing an array of the highest ERC20 tokens by market cap. Right here’s an instance of what it would seem like:
[
{
"rank": 1,
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "https://cdn.moralis.io/eth/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2.png",
"token_decimals": "18",
"contract_address": "0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2",
"price_usd": "1803.89",
"price_24h_percent_change": "1.43",
"price_7d_percent_change": "0.01",
"market_cap_usd": "214188093967"
},
//...
]
Fetch Prime ERC20 Tokens by Worth Change
With the getTopERC20TokensByPriceMovers() endpoint, you possibly can seamlessly get the highest ERC20 tokens by worth change with a single name to the Web3 Market Knowledge API:
const response = await Moralis.EvmApi.marketData.getTopERC20TokensByPriceMovers();
Calling the endpoint above offers a response containing the highest gainer and loser by worth change. That is an instance of what the response can seem like:
{
"gainers": [
{
"rank": "1",
"token_name": "Wrapped Ether",
"token_symbol": "WETH",
"token_logo": "https://assets.coingecko.com/coins/images/2518/large/weth.png?1595348880",
"token_decimals": "18",
"contract_address": "0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2",
"price_usd": "0.0285",
"price_24h_percent_change": "0.0285",
"price_7d_percent_change": "0.0285",
"market_cap_usd": "0.0285"
}
],
//...
}
Question Prime NFT Collections by Market Cap
With the getTopNFTCollectionsByMarketCap() endpoint, you possibly can simply question the highest NFT collections by market cap with solely a single line of code:
const response = await Moralis.EvmApi.marketData.getTopNFTCollectionsByMarketCap();
In return for calling the getTopNFTCollectionsByMarketCap() endpoint, you’ll obtain a response with an array containing the highest NFT collections by market cap. Right here’s an instance of what the response can seem like:
[
{
"rank": "1",
"collection_title": "CryptoPunks",
"floor_price_usd": "0.0",
"floor_price_24hr_percent_change": "0.0",
"market_cap_usd": "0.0",
"market_cap_24hr_percent_change": "0.0",
"volume_usd": "0.0",
"volume_24hr_percent_change": "0.0"
}
]
Get Trending NFT Collections by Buying and selling Quantity
With the getHottestNFTCollectionsByTradingVolume() endpoint, you possibly can effortlessly get trending NFT collections by buying and selling quantity with a easy name to the Web3 Market Knowledge API:
const response = await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();
Calling this endpoint will present a response with an array containing the highest trending NFT collections by buying and selling quantity. You’ll discover an instance of what the response would possibly seem like beneath:
[
{
"rank": 1,
"collection_title": "Bored Ape Yacht Club",
"collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png",
"volume_usd": "8261189.224011",
"volume_24hr_perecent_change": "17.09",
"floor_price_usd": "79591.5288",
"floor_price_24hr_percent_change": "0.05",
"average_price_usd": "39717.255884668266"
},
//...
]
3-Step Tutorial: Find out how to Get Web3 Market Knowledge with the Moralis API
Within the following sections, we’ll present you tips on how to get Web3 market knowledge with Moralis in three simple steps:
- Set Up Moralis
- Write a Script
- Execute the Code
To reveal the accessibility of the Web3 Market Knowledge API, we’ll present you tips on how to effortlessly get trending NFT collections by buying and selling quantity. Nevertheless, you possibly can comply with exactly the identical steps for any of the opposite endpoints to, as an illustration, get prime ERC20 tokens by market cap, question prime NFT collections by market cap, and so on.
Nonetheless, earlier than we are able to soar into the preliminary step of this crypto market knowledge tutorial, you must take care of a number of conditions!
Stipulations – Utilizing the Web3 Market Knowledge API
The Moralis API helps a number of programming languages, together with JavaScript, Python, and so on. Nevertheless, for this tutorial, we’ll be utilizing the previous. Consequently, earlier than you proceed, be sure to have the next prepared:
Step 1: Set Up Moralis
To name the Web3 Market Knowledge API, you want a Moralis API key, and to get one, you want a Moralis account. As such, should you haven’t already, create your account instantly by clicking on the ”Begin for Free” button on the prime of Moralis’ homepage:
What’s extra, as a way to use the Web3 Market Knowledge API, you additionally want not less than Professional plan entry. To get this, click on in your profile on the backside left, hit ”Account”, go to the ”Plan & Billing” tab, and improve to the Professional plan:
When you’re a Professional plan consumer, you possibly can click on on the ”Settings” tab, scroll right down to the ”Secrets and techniques” part, and duplicate your API key:
Preserve the important thing for now, as you’ll want it within the subsequent step.
Step 2: Write a Script
For the second step, arrange a brand new challenge in your built-in growth atmosphere (IDE), open a brand new terminal, and run the next command within the root folder to put in the Moralis SDK:
npm set up moralis @moralisweb3/common-evm-utils
From there, you possibly can then create a brand new ”index.js” file and add the next code:
const Moralis = require("moralis").default;
const { EvmChain } = require("@moralisweb3/common-evm-utils");
const runApp = async () => {
await Moralis.begin({
apiKey: "YOUR_API_KEY",
// ...and some other configuration
});
const response =
await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();
console.log(response.uncooked);
};
runApp();
Subsequent, add your Moralis API key by changing YOUR_API_KEY:
We then merely name the getHottestNFTCollectionsByTradingVolume() endpoint and log the response:
And that’s it for the code; you’re now able to execute the script, and we’ll present you ways within the subsequent step!
Observe: If you wish to name any of the opposite crypto Market Knowledge API endpoints, merely exchange getHottestNFTCollectionsByTradingVolume() within the script above.
Step 3: Execute the Code
To run the script, merely open a brand new terminal and run the next command within the challenge’s root folder:
node index.js
In return, you’ll get an array of the highest trending NFT collections by buying and selling quantity. Right here’s an instance of what it would seem like:
[
{
"rank": 1,
"collection_title": "Bored Ape Yacht Club",
"collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png",
"volume_usd": "8261189.224011",
"volume_24hr_perecent_change": "17.09",
"floor_price_usd": "79591.5288",
"floor_price_24hr_percent_change": "0.05",
"average_price_usd": "39717.255884668266"
},
//...
]
Congratulations! That’s it; that is how straightforward it’s to get the highest trending NFT collections when working with Moralis and the Web3 Market Knowledge API!
Web3 Market Knowledge API Use Instances
The Web3 Market Knowledge API is ideal for serving to you construct scalable decentralized purposes (dapps). Nevertheless, what precisely are probably the most outstanding use circumstances for crypto market knowledge? And how will you make the most of this info when creating dapps?
To reply the questions above, be a part of us within the previous sections as we discover 5 outstanding Web3 Market Knowledge API use circumstances!
Decentralized Exchanges (DEXs)
A DEX is a peer-to-peer market the place customers can alternate cryptocurrencies in a non-custodial method with out the necessity for intermediaries. Some outstanding examples of profitable DEXs embody Uniswap, PancakeSwap, and Curve.
Entry to real-time market knowledge is a elementary a part of constructing and working a DEX. This knowledge is essential in offering real-time pricing, giving customers perception into the general state of the market, and staying aggressive in a quickly rising market.
Web3 Wallets
Web3 wallets – additionally generally known as crypto wallets – are platforms for storing belongings like NFTs and fungible tokens. Some outstanding actors throughout the area embody MetaMask, Rainbow, and Phantom.
Utilizing crypto market knowledge when constructing a Web3 pockets might be extremely helpful, as this info may give your customers beneficial perception into their belongings’ efficiency. What’s extra, it might probably additionally, as an illustration, assist you to implement a neat token discovery characteristic, permitting customers to seek out new funding alternatives by presenting the highest ERC20 tokens based mostly on worth change.
NFT Marketplaces
NFT marketplaces are web sites permitting you to purchase and promote non-fungible tokens. Some outstanding examples of profitable platforms embody OpenSea, Blur, and Rarible.
When constructing an NFT market, it’s essential that you’ve got entry to real-time Web3 on-chain knowledge. As an illustration, giving your customers perception into trending NFT collections will help them discover new funding alternatives or worth their present holdings.
Token Analytics
Token analytic platforms are instruments merchants can use to get beneficial perception and knowledge associated to varied cryptocurrencies. These platforms collect, course of, and current knowledge from blockchain networks, permitting customers to make extra knowledgeable funding selections. A outstanding instance is Moralis Cash!
As you possibly can think about, when constructing a token analytics platform, it’s important that you’ve got entry to real-time Web3 market knowledge. This can assist customers observe the efficiency of digital belongings to allow them to discover probably the most promising tokens to put money into.
Portfolio Trackers
Portfolio tracker platforms are web sites and software program that enable customers to trace the efficiency of their belongings throughout a number of blockchain networks. Some outstanding examples embody Moralis Cash, Delta, and Kubera.
When constructing a portfolio tracker platform, you want entry to real-time crypto market knowledge because it offers you the chance to serve your prospects with up-to-date asset valuations and efficiency metrics.
Abstract: The Business’s Main Web3 Market Knowledge API
In at the moment’s article, we explored Moralis’ industry-leading Web3 Market Knowledge API. And in doing so, we realized that it has 4 endpoints:
getTopERC20TokensByMarketCap()getTopERC20TokensByPriceMovers()getTopNFTCollectionsByMarketCap()getHottestNFTCollectionsByTradingVolume()
Along with exploring the endpoints, we additionally lined how one can name both of them in three steps:
- Set Up Moralis
- Write a Script
- Execute the Code
As such, if in case you have adopted alongside this far, you now know tips on how to combine crypto market knowledge into your future Web3 initiatives utilizing Moralis!
In case you appreciated this tutorial, think about exploring further articles on our Web3 weblog. As an illustration, learn to establish NFT and ERC20 spam and rip-off tokens, discover the idea of account abstraction, or learn our Ethereum testnet information. Additionally, should you’re critical about constructing blockchain initiatives, don’t overlook to discover some further Moralis APIs. As an illustration, take a look at the Token API and learn to get the steadiness of ERC20 tokens from any account.
If you’d like entry to those industry-leading instruments just like the Web3 Market Knowledge API, bear in mind to enroll with Moralis. You possibly can create your account at the moment and instantly begin leveraging the true energy of blockchain expertise!
